Course Details in 2020/21 Session

Module Title	LM Business and People Management
School	School of Engineering
Department	Civil Engineering
Module Code	04 34518
Module Lead	Stephen Kent
Level	Masters Level
Credits	20
Semester	Semester 2
Pre-requisites
Co-requisites
Restrictions	None
Contact Hours	Lecture-34 hours Tutorial-6 hours Practical Classes and workshops-10 hours Guided independent study-150 hours Total: 200 hours
Exclusions
Description	This module is intended to ensure students have sufficient understanding of business basics to enable them to work effectively at a senior management level within a business / railway business. The module covers the range of topics that would typically be addressed in a Master of Business Administration, but angled towards the needs and specifics of the rail industry. It gives students a grounding in topics such as basic economics, business strategy, investment appraisal, financial reporting, project management and governance, organisational culture and ethics, process and quality control, technology management, asset management and marketing. Railway specific topics include an understanding of how the UK rail industry is structured and funded on the grounds that the UK has one of the most complicated arrangements of any rail system world-wide. It also includes an introduction to understanding human behaviour, specifically angled towards the skills needed to manage staff in an effective manner. The module is delivered through a series of lectures, reinforced by a small group team exercise based on a realistic business scenario, and an assignment that requires students to further develop and expand their appreciation and understanding. The lectures are of delivered by University staff, supported by a high proportion of guest lecturers from industry (both rail and non-rail).
Learning Outcomes	By the end of the module students should be able to: Apply commonly-used investment appraisal techniques; Interpret key financial statements, and perform basic ratio analysis in support of this; Describe in writing or verbally the way in which the UK rail system is structured, funded and regulated; Outline principle economic concepts including both macro and micro economics, and perform basic numerical analysis based on this understanding; Analyse and apply business strategy and assess the role of marketing and quality within this Propose and calculate Key Performance Indicators appropriate to measure railway; business performance, and the way in which these can be used for benchmarking purposes to enhance business performance; Explain common issues and approaches to the management of projects, assets, technology, business risk and people management as they apply in a railway context; Describe and illustrate that responsibilities of the rail industry in relation to appropriate elements of the UN’s Sustainability Development Goals.
Assessment	34518-01 : Report 1 : Coursework (35%) 34518-02 : Examination : Exam (School Arranged) - Written Unseen (50%) 34518-03 : Report 2 : Coursework (15%)
Assessment Methods & Exceptions	Assessment: 3,000 word written report (35%); 1,000 word written report (15%); 2-hour exam (50%). Reassessment: Re-complete failed component(s).
Other
Reading List